Daily Wrap up July 14 - Tech

By IBT Staff Reporter On 07/17/09 AT 5:12 PM

Verizon says it will limit new handset deals

Verizon Wireless is dialing back on its exclusivity agreements with handset makers after pressure from U.S. lawmakers and smaller carriers. The biggest U.S. mobile service said on Friday it will limit exclusivity periods with cellphone makers to six months and then allow the country's smallest wireless service providers to sell the devices. Read Full Article here.

Microsoft and Yahoo near ad deal: report

Microsoft Corp and Yahoo Inc are close to a long-discussed search and online advertising deal, which could be announced in the next week. The two companies have talked about cooperating for months, after Microsoft's bid to buy Yahoo was rebuffed last year and Yahoo's attempt to seal a search advertising deal with Google Inc fell apart under regulatory scrutiny. Read Full Article here.

Danish troops in Afghanistan get Facebook warning

Danish soldiers in Afghanistan have been told to be more cautious after some were found to have discussed operations on the social networking website Facebook, Denmark's armed forces said Friday. Read Full Article here.